Iraq .. a draft law to review the balances of officials during 17 years
Fri, 04-06-2021, AM 11:52 Tayseer Al-Assadi 671
The Iraqi presidency revealed a draft law to review the financial balances of people who held high positions in the state during the past 17 years.
This came during a meeting held by President Barham Salih, with members of Parliament, to discuss the details of the draft law on “recovering the proceeds of corruption,” according to a statement by the Iraqi presidency.
The statement stated, "The bill (recently approved by the presidency) provides for a review of the financial balances of people who have held high positions in the state since 2004 until now."
He added that "higher positions include the rank of general manager or above, and the competent financial authorities are preparing a list of the occupants of these positions during the past 17 years."
He continued, "The investigation and investigation includes family members, friends and close associates of officials who have any kind of relationship, political or commercial, as well as those with influence, who are the people who have an influence on decision-making within the state's facilities and agencies."
On May 23, President Saleh announced that the amount of money smuggled outside the country as a result of corruption has reached 150 billion dollars, since 2003.
In order for the bill to become effective, it requires Parliament's approval.
Observers believe that President Barham chose to pass the bill ahead of the elections scheduled for next October, to ensure that it would not be rejected by Parliament, given that all of its current members, most of whom are candidates for the upcoming elections, adopt anti-corruption slogans in their electoral campaigns.
Continuously, the country's supervisory authorities announce the issuance of arrest warrants and confiscation of movable and immovable funds for prominent officials, including ministers, governors and general managers, on charges related to financial and administrative corruption.
Iraq is among the most corrupt countries in the world, according to the Transparency International index over the past years, and international reports are always received with “waste and embezzlement.”
The fight against corruption is at the top of the demands of the massive protests in Iraq since October 2019.